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Convergence Club Empirics: Some Dynamics and Explanations of Unequal Growth across Indian States

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  • Sanghamitra Bandyopadhyay

Abstract

This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income distribution, instead of standard regression and time series analyses. The findings reveal twin-peaks dynamics—the existence of two income convergence clubs, one at 50 per cent, another at 125 per cent of the national average income. Income disparities across states seem to have declined over the 1960s, only to increase over the subsequent three decades. [Discussion Paper No. 2003/77]

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Paper provided by eSocialSciences in its series Working Papers with number id:3197.

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Date of creation: Nov 2010
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Handle: RePEc:ess:wpaper:id:3197

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Keywords: convergence clubs; conditional convergence; distribution dynamics; infrastructure; capital investment; macroeconomic stability; panel data; India;

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Cited by:
  1. Shingal, ANIRUDH, 2010. "Services growth and convergence: Getting India’s states together," MPRA Paper 32813, University Library of Munich, Germany.
  2. REY, Serge, 2005. "Convergence réelle et convergence nominale dans les Pays de la région MENA
    [Real and nominal convergence amongst MENA countries]
    ," MPRA Paper 30206, University Library of Munich, Germany.
  3. Petia Topalova, 2005. "Trade Liberalization, Poverty And Inequality: Evidence From Indian Districts," Working Papers id:222, eSocialSciences.
  4. FE, Doukouré Charles, 2010. "Réduction de Droits de Douane et Convergence Réelle dans l'UEMOA
    [Tariffs Reduction and Real Convergence in WAEMU]
    ," MPRA Paper 26763, University Library of Munich, Germany.
  5. Amartya Lahiri & Kei-Mu Yi, 2009. "A Tale of Two States: Maharashtra and West Bengal," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(3), pages 523-542, July.
  6. Roberto Basile, 2007. "Productivity polarization across regions in Europe," Quaderni del Dipartimento di Economia, Finanza e Statistica, Università di Perugia, Dipartimento Economia, Finanza e Statistica 31/2007, Università di Perugia, Dipartimento Economia, Finanza e Statistica.
  7. Artelaris, Panagiotis & Arvanitidis, Paschalis & Petrakos, George, 2006. "Theoretical and Methodological Study on Dynamic Growth Regions and Factors Explaining their Growth Performance," Papers, Economic and Social Research Institute (ESRI) DYNREG02, Economic and Social Research Institute (ESRI).

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